Time charter in ocean carriage refers to hiring vessels for a specific period, be it days, months or years. The shipowner provides the vessel and the crew and maintains the vessel technically. The charterer assumes the role of a disponent owner undertaking the commercial operations of the vessel including determining the routes, cargo and ports of call. Through time charter, the charterers are assured of secured shipping capacity without the burden of owning the asset. It also gives the shipowners steady and predictable income. The shipbrokers in the time charter segment plays a crucial role in identifying the right type of vessels, negotiating the charter terms and ensuring that the operations during the charter period is handled smoothly. As shipbrokers, we are familiar with the complexities of the shipping market, market conditions, vessel availabilities and the charter market. The success of a time charter is dependent on long term partnership between the shipowner and the charterer based on trust.